Singapore Wrap Wednesday

Real Estate

Developer sales in Singapore fall to 375 private homes in June

Developers sold 375 private homes in Singapore in June this year, down from 643 units in May this year and 482 units in June last year.

Auditor-General flags lapses in public sector

The Auditor-General's Office (AGO) in Singapore has completed its annual audit of the country's public sector, uncovering another slew of irregularities and lapses in various ministries and statutory boards.

Singapore's retail sales up 6.1% in May on exuberant car sales

A whopping 46.6 per cent increase in motor vehicles sales boosted Singapore's retail sales in May, which rose 6.1 per cent year-on-year, according to data released by the Department of Statistics on Wednesday.

Tax deductible donations up 13% to S$1.1b in 2014

Tax deductible donations to Singapore Institutions of a Public Character (IPC) rose by 13 per cent in 2014 to S$1.1 billion, compared to S$970 million received in 2013.

SIA to give one-off, S$500 payment to employees for SG50

Singapore Airlines is giving a special one-off payment of S$500 to all its Singapore-based employees in celebration of Singapore's Golden Jubilee year.

The STI Today

Singapore shares close marginally up despite STI's 22-point gain

The Straits Times Index (STI) on Wednesday managed a 22.36-point rise to 3,338.86 in a quiet and subdued session, marked by interest in only a handful of counters and one where the majority of dollar volume was done in the 30 index components.